Nifty moved down today but recovered later on to close just below 5500 with low volumes and neutral breadth. Important points for today.
1.Nifty down by 0.7% with1.0 breadth.
2.83rd day since the lows of 5177,149th day since the highs of 6338,36th day since the swing highs of 5906.
Nifty traded in the red but closed towards upper end of trading range.Volumes are very low in the sideways movement of Nifty since last few days.Since last week was big compression week with range of 113 points, so can expect start of impulsive move this week.
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